How to become stockbroker in india quora


I opened my first demat account in just after getting my first job. I was excited to invest in the stock markets. Because my trading volume was very low and my overall investment in stock market was less than 1,00, rupees.

It was easy to transfer funds from my saving account to demat account, so the high transaction charges did not bother me. A trading account is used to place buy or sell orders in the stock market.

Demat means dematerialising shares into digital format rather than on physical paper. If you are long term investor, then you must read the most insightful article — 7 Smart Steps to Start Investing in Stock Markets even if you have just Rs. Give high amount of initial cheque when opening the demat account. You can withdraw the money back to your saving account once the account is opened.

But you will be able to negotiate for the lowest possible brokerage with Angel Broking or anyone that you select. I gave the first cheque of 1,00, Rupees and got the 0. There is no compulsion to invest money immediately, you can safely invest whatever you want, even if you want to start with Rs. In , I started investing heavily into stock markets.

My trading volume is low because I prefer to buy shares for long term. For high trading volume you can open an account with 5Paisa You can Click here to open account with 5Paisa. You can read the detailed review of demat accounts and decide which is the best trading platform for you.

Unlike other demat and trading platforms, 5 Paisa offers flat Rs. No matter how much you buy. You will not be charged based on any percentage. Click Here to open an account with 5Paisa. In either case, you will save a lot of money from the saving from your trade charges.

Account opening is very easy and convenient. You fill up simple online form and they will come to collect your documents. Direct link to Fill up online application for 5Paisa Account. Angel broking is one of the oldest brokerage company in India having established network branches in over cities.

At present angel broking providing service to more than 10,00, customers. I negotiated the brokerage charges at the time of account opening by giving a high amount of opening cheque.

Aditya Birla is relatively new in the market so I am not sure about their customer support. I am listing here because of their affordable pricing and good brand name. If your fed up with paying annual maintenance charges to the brokerage companies, then you must consider Aditya Birla demat account. Currently, Aditya Birla offers demat-cum-trading account with no annual maintenance charges for 5 years.

For this, you have to pay one time demat account opening charges of Rs Apply for the Aditya Birla Account by clicking here. ADM offers terminal based, web based and mobile app based trading to its customers. Other then trading platform ADM is providing a portfolio tracker and online analytical for better decision making. You can also Access all account related information like portfolio tracker, capital gains, statement of accounts and DP Holdings and. RSL is a wholly owned subsidiary of religare enterprise.

RSL is a diversified financial service group which serving more than 8 lakh across both online and offline platforms. RSL offers broking services in equity, currency and commodity along with depository participant services.

Kotak securities demat account offers a single account to hold certificates of your financial instruments like shares, bonds, government securities, mutual funds, and exchange-traded funds ETFs.

Kotak securities provide a single platform for investments in equities, mutual funds, and currency derivatives. It also offers margin against securities using shares in your demat account. Available margin can be used for any of the three segments. If you are looking for the broker advice then Kotak broker also provide daily alerts, economic reports and customizable Research Reports to its clients. Sharekhan is one of the leading online brokerage company having more than 12 lakh customer base.

Presently company has providing service from more than offices across cities. This account has the features like multiple watch lists, real-time portfolio tracking with price alerts and integrated banking.

Motilal oswal financial services is at the third position in the list of best demat accounts in India. Presently the company has more than business locations with over 7. Zerodha is one of the largest discount broker having more than Over 1.

Zerodha is best for the small investors because there is no minimum charges of brokerage per trade. The brokerage rate is 0. This will lead you in saving on brokerage. Their main business review comes from derivatives, hence they have decided to charge zero brokerage on delivery.

Zerodha also offers a 60 Day Challenge. If a trader is net profitable in a 60 day period, all the brokerage charged to him will be refunded. Maximum brokerage reversal is capped at Rs per challenge. This newly enlarged and updated. Find out how enrolling for a course can help get a job and earn a decent salary as a stock broker. Toronto home to the Toronto Stock Exchange, the largest securities exchange in Canada , Ontario ranked the third largest financial center in North America the third largest in.

I personally used to browse my self who are Best Stock Brokers in India,. Career As Stock Broker: Stock Market Institute Stock Market Institute is one of its kind institute, providing practical exposure to students on stock markets. The broker has to appear in various exams where one is judged on subjects like securities economics, portfolio management, capital markets etc.

In order to become a Stock Broker,. SMC Global Securities Ltd Established in derivatives , currency , commodities , SMC is one of the leading , distribution of third party financial products, well- diversified financial services companies in India offering services across brokerage across the asset classes of equities cash , investment banking, wealth management research.

Submission to on Clarification regarding Linking Aadhaar Details of. It enables us to. Get information about starting a career in stock market. I disagree with them because I know that I can pull it off as a sub broker. It all depends on where you' re employed. How to become a Stock Broker in India? License and registration fees: Stock brokers need to pay membership fees to the stock exchange.

What should I look in brokers as a beginner? Our services if you have any doubts, the securities we offer respective services may not be suitable for all customers you should seek advice from an. Franchisee Opportunities Sub Broker Stock Broking Franchisee Franchisee Opportunities - Just Trade offers marketing support nominal set- up cost , training the opportunity to partner with a fast growing organization. Who is the best broker in India for beginners?

Read reviews and compare share brokers. Quick Indian Economy for Competitive Exams: What needs to be. I want to confirm with you that is it necessary to have a vast knowledge of all finance instruments present under the sky the Indian Stock market will do.

Finvasia has complete technical solutions to scalp hedge trade in different Indian segments. The following is a list of securities examinations. By or includes a license agreement unless you first agree to the license agreement terms.

A broker will be employed by a professional brokerage firm. Build career skills in. Very good explanation of the exam process. Valuable for importers who have never been to a port. The Series 63 exam also tests various aspects of the stock market. Find the best Indian Share Broker.